Tendam brands news and archive

Tendam's annual revenues increase by 43.3 percent

Tendam Brands, Tendam’s parent company reported total revenues for the twelve-month period to February 2022 were up by 43.3 percent to 1,113.4 million euros. On a like-for-like basis, the company said, sales were up 22.9 percent versus 2020 and down just 0.3 percent versus 2019. Commenting on the full year trading, Tendam president and CEO Jaume...

23 Jun 2022

Business

Tendam's Q3 revenues increase by 31.3 percent

Tendam Brands, Tendam’s parent company reported third quarter revenues of 258.8 million euros, up 31.3 percent versus the same period in 2020 and outperforming the sales figure for Q3 2019 by 2.5 million euros. The company said, like-for-like sales between September and November were up 26.5 percent versus the same period in 2020 and 5.7 percent...

27 Jan 2022

Business

Tendam posts sales and profit rise in H1

Tendam Brands, for the first half period reported total revenues of 515 million euros, up 202.6 million euros year-on-year and representing a 92 percent recovery of 2019 revenues for the same period. Like-for-like sales between March and August were up 19.4 percent versus the same period in 2020 and down by 1.7 percent versus 2019. Between March...

28 Oct 2021

Business

Tendam posts loss, revenues slide 34.5 percent

Tendam Brands, Tendam’s parent company said that because of the temporary closures, restrictions on movement and limited occupancy numbers that affected most of the markets where Tendam operates, for the year to February 28, 2021, revenues fell by 34.5 percent to 777.2 million euros. The company posted a 17.7 percent dip in a like-for-like...

24 Jun 2021

Business

Tendam Q3 sales drop by 23.1 percent

Tendam Brands, the parent company of Tendam said, impacted by lockdowns, restrictions and limits on capacity across most of its markets during the second wave of the Covid-19 pandemic, particularly in November, the company’s total sales in the third quarter stood at 197.2 million euros, down 23.1 percent, while like-for-like sales were down 16.7...

28 Jan 2021

Business

Tendam returns to profitability in Q2

Tendam Brands, the parent company of the Tendam Group, posted a return to profit in the second quarter reaching adjusted EBITDA of 31 million euros and EBT (earnings before taxes) of 8.7 million euros. The company said in a statement that Tendam’s total revenues reached 260.3 million euros, down 23.6 percent, buoyed by the gradual reopening of...

29 Oct 2020

Business

Tendam's Q1 sales decline by 76.2 percent

Tendam Brands, the parent company of the Tendam Group, operating in the specialised chain store segment through the brands Cortefiel, Pedro del Hierro, Springfield, Women’secret and Fifty, has said that the first quarter reporting period coincided with the peak of the Covid-19 pandemic, with practically all stores fully closed in most of the...

29 Jul 2020

Business

Tendam Brands annual turnover increases by 3.2 percent

Tendam Brands, operating in the specialised chain segment through the brands Cortefiel, Pedro del Hierro, Springfield, Women’secret and Fifty, said that its revenues increased by 3.2 percent to 1.19 billion euros (1.34 billion dollars). The company said in a statement that all Tendam brands posted like-for-like sales growth, and footfall at...

25 Jun 2020

BusinessFeatured

Tendam posts increase in Q3 sales and profit

Tendam Brands, the parent company of the Tendam Group posted a 3.6 percent increase in sales and 2.5 percent in like-for-like sales to 256.3 million euros (282.3 million dollars) during the third quarter. The company said in a statement, sales for the first ninth months of the 2019/2020 totalled 815.8 million euros (899 million dollars),...

28 Jan 2020

Business

Tendam reports improved EBITDA and earnings in 2018

Tendam Brands, the parent company of the Tendam Group, in its results statement for 2018/19 financial year, said that sales held steady at 1,155.9 million euros (1,313.2 million dollars) at a fixed exchange rate and 1,150.8 million euros (1,307.4 million dollars) at the current rate of exchange versus 1,154.7 million euros last year. The company...

26 Jun 2019